LSE:STAN   STANDARD CHARTERED PLC ORD USD0.50
6 0 0
STAND -CHARTD PLC             BUY
TARGET 176.50
The Major trend of STAND -CHARTD PLC             is showing strength for buying If it breaks the resistance level then one can initiate buying position in the stock .
Resistance level of 460.50 Target of 470.50 with the stop loss of 450.50

CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Stock is trading above the 50 DMA with negative bias.

INDICATORS:-
RSI is trading near to 55.40 levels with positive bias, in upcoming session upside movement is expected.
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